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US consumer confidence slips in May

US consumer confidence slips in May

SILVER SPRING, Md. (AP) — U.S. consumer confidence edged lower for the second consecutive month as Americans' view of their present and future prospects dimmed in the midst of persistent inflation.
Alberta pot regulator sees complaints about sales data in exchange for product deals

Alberta pot regulator sees complaints about sales data in exchange for product deals

Alberta’s cannabis regulator sent a warning to pot retailers and suppliers after receiving complaints about agreements requiring marijuana producers to purchase sales data in exchange for shops carrying their products.
Eurozone inflation hits record 8.1% amid rising energy costs

Eurozone inflation hits record 8.1% amid rising energy costs

LONDON (AP) — Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia's war in Ukraine . Annual inflation in the 19 countries that use the euro currency soared past the previous record of 7.
Rogers and Shaw sign consent agreement

Rogers and Shaw sign consent agreement

GATINEAU, Que. — Rogers Communications Inc. and Shaw Communications Inc. say they will oppose a hearing by the Competition Tribunal but have agreed not to close their $26-billion merger until objections by the Competition Bureau are resolved.
EU leaders agree to ban 90% of Russian oil by year-end

EU leaders agree to ban 90% of Russian oil by year-end

BRUSSELS (AP) — European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial suppo
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,919.40, up 170.82 points.) Enbridge Inc. (TSX:ENB). Energy. Up 57 cents, or one per cent, to $59.35 on 8.8 million shares.
Manitoba proposes path to increase minimum wage above inflation

Manitoba proposes path to increase minimum wage above inflation

WINNIPEG — The Manitoba government is proposing legislation that would allow for a higher minimum wage to help people cope with inflation, but said it will consult with business and labour groups before deciding on an exact figure.
Nexus program backlog balloons to nearly 300,000 applications

Nexus program backlog balloons to nearly 300,000 applications

Canada's backlog of Nexus applications has ballooned into the hundreds of thousands, despite a sharp downturn in applicants during the pandemic, prompting blowback from frustrated travellers as clogged airports continue to overflow.
Bank of Canada expected to jack up interest rates as inflation persists

Bank of Canada expected to jack up interest rates as inflation persists

Experts predict the Bank of Canada will likely announce another major interest rate boost Wednesday as it tries to rein in runaway inflation.
Energy and tech stocks help lift S&P/TSX composite which is headed to positive month

Energy and tech stocks help lift S&P/TSX composite which is headed to positive month

TORONTO — A broad rally Monday led by the energy and technology sectors lifted Canada's main stock index, which is on track to end the volatile month of May in positive territory. The S&P/TSX composite index increased 170.82 points to 20,919.